£40,000
1 bed flat for saleSlaley Close, Gateshead, Tyne And Wear NE10
1 bed
1 bath
1 reception
EPC Rating: E
Just added
Chain free
Auction
Leasehold
About this property
Please be aware there is a title restriction on this property under the Proceeds of Crime Act 2002. Please take further advice from your legal representative.
****Cash Buyers Only****
An excellent investment opportunity for cash buyers and buy-to-let investors, this one-bedroom ground floor flat is situated on Slaley Close, a popular and well-established residential location within Wardley.
Conveniently positioned close to local amenities, public transport links, and major road networks, the property offers easy access to Gateshead, Newcastle and Sunderland, making it an attractive prospect for tenants and investors alike.
The accommodation briefly comprises an entrance porch, spacious lounge, fitted kitchen, double bedroom and bathroom. Additional benefits include UPVC double glazing and electric heating.
Externally, the property enjoys the advantage of a private garden area along with an allocated parking bay.
Offered for sale with no onward chain, this property represents a fantastic investment opportunity and early viewing is strongly recommended.
Please Note: The property is being sold with a short lease and is therefore suitable for cash purchasers only. Prospective buyers are advised to make their own enquiries regarding the remaining lease term and any associated costs.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
****Cash Buyers Only****
An excellent investment opportunity for cash buyers and buy-to-let investors, this one-bedroom ground floor flat is situated on Slaley Close, a popular and well-established residential location within Wardley.
Conveniently positioned close to local amenities, public transport links, and major road networks, the property offers easy access to Gateshead, Newcastle and Sunderland, making it an attractive prospect for tenants and investors alike.
The accommodation briefly comprises an entrance porch, spacious lounge, fitted kitchen, double bedroom and bathroom. Additional benefits include UPVC double glazing and electric heating.
Externally, the property enjoys the advantage of a private garden area along with an allocated parking bay.
Offered for sale with no onward chain, this property represents a fantastic investment opportunity and early viewing is strongly recommended.
Please Note: The property is being sold with a short lease and is therefore suitable for cash purchasers only. Prospective buyers are advised to make their own enquiries regarding the remaining lease term and any associated costs.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
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Monthly repayment
£200 per month
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More information
Tenure
Leasehold (53 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review



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